Space
Finished area and layout
- Living Area
- 2,394 sqft
- Above Grade
- 2,394 sqft (Other)
- Finished Breakdown
- Above 2,394 sqft
- Bedrooms
- 6
- Bathrooms
- 4
+45 more
6
Bedrooms
4
Bathrooms
2,394 sqft
Living Area
45 x 100 FT
Lot
1947
Year Built
Property Snapshot
Key details for this listing
MLS #40823281
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 6-bedroom, 4-bathroom multi-family in Welland offers 2,394 sqft of living area on a 45 x 100 FT lot. Built in 1947, 2 storeys. The home features forced air, natural gas heating, none, a partially finished, full basement.
MLS Remarks
Investment opportunity at 307 Wallace Street in the heart of Welland — one of Niagara’s growing and most investor friendly cities. This solid fourplex offers value for investors seeking cash flow and long term upside, featuring four separate hydro meters and zoned Residential Medium Density (RM). This centrally located asset is well positioned to deliver. Situated in a mature, established neighbourhood, the property is within walking distance of the Lincoln Street Plaza and offers easy access to public transit, schools, parks, and everyday amenities. Just minutes from Downtown Welland, a core undergoing active renewal with canal access, heritage buildings, and walkable businesses and the iconic Welland Canal walking and cycling trails. The City of Welland recently celebrated the near completion of approximately 4.5 kilometres of new multi-use trails, further enhancing active transportation and connectivity throughout the city. Niagara College is a short drive away, ensuring a consistent and diverse tenant pool of students, faculty, and tradespeople year round. Quick access to Highway 406, connecting tenants seamlessly across the entire Niagara Region. Priced to sell, 307 Wallace is a smart, strategic addition to any real estate portfolio in Niagara’s most exciting emerging investment market. (id:60351)
Full Listing Details
Address307 S WALLACE Avenue S
MLS#40823281
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market178
Common InterestFreehold
Annual Tax$4,012 (2025)
Parking4
Structure TypeFourplex
AttachedAttached
StyleMultiplex
Year Built1947
Bedrooms6
Bathrooms4
Bedrooms Above Grade6
Living Area2,394 sqft
Above Grade Area2,394 sqft (Other)
Kitchens4
Stories2
CityWelland
ProvinceOntario
Postal CodeL3B1R8
Subdivision773 - Lincoln/Crowland
Lot Dimensions45 x 100 FT
Frontage45.0 feet
Lot FeaturesPaved driveway
Zoning DetailsRM
Total Parking4
HeatingForced air, Natural gas
CoolingNone
BasementPartially finished, Full
ExteriorOther
CommunitySchool Bus
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$4,012 (2025)
HWY 406 to East Main to Wallace
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